Northwest College

Alert: Our February 19 Scholarship Day event has been cancelled due to inclement weather/travel conditions in the region.

Glossary of Terms

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

B

Borrower
The person who assumes legal obligations for the repayment of the loan principal plus interest. In the case of a Federal Stafford Loan, the borrower is the student. In the case of a PLUS Loan, the borrower is the parent. In some private/alternative programs, the student and the parent(s) assume the responsibility jointly.


Questions? Call or email us:

Northwest College
Financial Aid & Scholarships
financialaid@nwc.edu
307-754-6158 or 800-560-4692